Alex Umansky

In a June 26, 2023 article from Trustnet, Alex Umansky shares his views on why investing in disruptive growth remains an attractive opportunity despite recent setbacks.

Baron Partners Fund and Baron Focused Growth Fund were named among the Five-Year Best Performers in The Wall Street Journal’s Winners and Losers for the quarter ended March 31, 2023. The Funds were honored as top 10 best-performing stock funds across categories for the five-year period.

Baron Durable Advantage Fund was also recognized among the first-quarter Category Kings in 9 Realms. The Fund ranked third in the Large-Cap Growth category for the one-year period.

CEO Ron Baron’s September 14, 2021 Bloomberg Wealth interview with David Rubenstein is featured in David’s latest book, How to Invest: Masters on the Craft.  In the interview, Ron discusses his early days on Wall Street, the investment principles behind Baron Capital’s growth from $100,000 AUM to tens of billions of dollars, and what convinced him to invest in Tesla years before the mainstream realized the company’s potential.  Watch the full Bloomberg News video.

As of September 30, 2022, the following Baron Funds had holdings in Tesla, Inc.: Baron Partners Fund – 45.5%; Baron Focused Growth Fund – 22.3%; Baron Fifth Avenue Fund – 5.4%; Baron Opportunity Fund – 5.1%; Baron Technology Fund – 3.4%; Baron Global Advantage Fund – 3.3%.

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.

Citywire interviews CEO and Baron Partners Fund Portfolio Manager Ron Baron about his time-tested investment approach that led him to Tesla, Inc. in 2014, well before the mainstream. Read the August 2, 2022 article [subscription required to access].

As of June 30, 2022, the following Baron Funds had holdings in Tesla, Inc.: Baron Partners Fund – 46.3%; Baron Focused Growth Fund – 23.6%; Baron Fifth Avenue Fund – 5.0%; Baron Opportunity Fund – 5.0%; Baron Technology Fund – 3.1%.

Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk.

In a Business Insider article, Portfolio Manager Alex Umansky explains how he is positioning the Baron Global Advantage Fund in response to the recent downturn.

Kiplinger columnist Andrew Tanzer speaks with our executive team on our long-term, fundamental, active approach to growth investing. Read the full article on Kiplinger.

In a June 17, 2022, article on CNBC, Ron Baron said he thinks the current opportunity in growth stocks is as big as when he started Baron Capital 40 years ago. Read the full article. [subscription required to access].

In a February 4, 2022 interview, Alex Umansky, described by Insider as “one of Wall Street's best stock pickers”, discusses the changes he’s making to emerge with a stronger portfolio and explains why value stocks are like “a melting ice cube”. 

Alex manages Baron Global Advantage Fund, Baron Fifth Avenue Growth Fund, and Baron Durable Advantage Fund.

These Funds were recognized for achieving strong risk-adjusted returns over three-year and five-year time periods ending December 31, 2021.

Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Global Advantage Fund, Best Global Multi-Cap Growth Fund over Five Years

Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Health Care Fund, Best Health/Biotechnology Fund over Three Years

Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Partners Fund, Best Multi-Cap Growth Fund over Three Years

Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Opportunity Fund, Best Multi-Cap Growth Fund over Five Years

Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Real Estate Income Fund, Best Real Estate Fund over Three Years

Baron Capital’s “think different” approach can be a big plus in investing, says Michael Brush, a columnist for MarketWatch. Read the November 18, 2021 MarketWatch piece, which draws on examples across a number of our funds.

Baron Durable Advantage Fund, managed by Alex Umansky, ranked among the top-performing Large-Cap Growth funds this year through August 31, according to Refinitiv Lipper [Subscription required to access].

Business Insider featured Baron Capital Founder and CEO Ron Baron and portfolio manager Alex Umansky in a September 2, 2021, article, “A complete guide to the world's best stock pickers, their mutual fund strategies, and their most lucrative bets.” Read the full article on Business Insider.(Subscription required outside the U.S.)

Baron Capital is pleased to announce that Baron Global Advantage Fund has been named the Best Global Multi-Cap Growth Fund by Refinitiv Lipper Fund for both its three-year and five-year risk-adjusted performance. This is third consecutive annual award for the Fund. Read the full article to learn more.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

Baron Opportunity, Baron Partners, Baron Focused Growth, Baron Discovery, Baron WealthBuilder, Baron Global Advantage, and Baron Emerging Markets Funds were listed among Kiplinger’s top funds for 2020. 

Alex Umansky, described as “one of the world's best stock pickers for years” by Business Insider, discusses the core of his approach and how investors can keep themselves from being led off course in a November 11, 2020 profile.

Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund, discusses the Fund’s winning formula: Investing in Big Ideas. Read the full article on Investor's Business Daily, "How 'Big Ideas' Drive Baron Fifth Avenue Growth Fund".

In its annual update of its profiles of Baron Growth Fund and Baron Asset Fund, Morningstar upgraded both Funds to its “Silver” Analyst Rating. To view the profiles, visit www.morningstar.com. (Subscription required to access).

Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months. © 2020 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

In an August 1, 2020, article, “Investors are pouring into this fund that's riding global disruptors to a 40% return this year,” Baron Global Advantage Fund Portfolio Manager Alex Umansky talks to CNBC Prto about how the pandemic is compressing the time frame for the disruptive secular changes the Fund focuses on. (subscription required for access)

In a July 30, 2020 profile in Barron’s, “This $1.2 Billion Stock Fund Is Up More Than 40% in 2020. Here's How."(Subscription required), Alex Umansky, Portfolio Manager of Baron Global Advantage Fund, discusses why the kinds of companies he favors -- unique businesses with sustainable competitive advantages and very large addressable markets -- are well positioned for the realities of a COVID-19 world.

The Wall Street Journal's monthly review of mutual funds and ETFs, Baron Fifth Avenue Growth Fund ranked among the top performing funds in its peer group for year-to-date total returns through April 30, 2020, according to Lipper.

Lipper Funds Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category.

Baron Capital is pleased to announce that Mike Lippert has been named Head of Technology Research. In addition, Ishay Levin has been promoted to assistant portfolio manager of Baron Opportunity Fund and Guy Tartakovsky has been promoted to assistant portfolio manager of Baron Global Advantage Fund.

We are pleased to announce that Baron Global Advantage Fund was named Best Global Multi-Cap Growth Fund at the 2020 Lipper Awards for the second straight year.

Learn more about Baron's response. 

Barron’s sat down with Ron Baron to get his thoughts on investing in growth companies. Ron, who is founder and CEO of Baron Capital, manages Baron Growth Fund, Baron Partners Fund, Baron Focused Growth Fund, and Baron WealthBuilder Fund. Read the full article.

Watch Baron Global Advantage Fund Portfolio Manager Alex Umansky talk about “big idea” companies in his February 7 appearance on PBS’s “Consuelo Mack’s “WealthTrack.”

Business Insider sat down with Baron Global Advantage Fund Portfolio Manager Alex Umansky to discuss the Fund's strong year in 2019. Alex explained why he believes his high-conviction, long-term approach and focus on durable competitive advantages, sustainable growth, and exceptional management mean more of his holdings have the potential to outperform the market over time. Read the full article on Business Insider. 

Zacks Investment Research profiled Baron Fifth Avenue Growth Fund, noting its strong performance and lower fees and calling the Fund a “good potential choice for investors right now.” To view the full article, visit www.zacks.com.

Baron Capital CEO and Chief Investment Officer Ron Baron appeared on CNBC's "Squawk Box" on August 20, 2019 to discuss the economy, Baron's long-term investment philosophy, and market volatility. Watch the full interview at www.cnbc.com.

In an article recognizing Baron Fifth Avenue Growth Fund as one of the “IBD Best Mutual Funds of 2019,” Investor’s Business Daily profiled portfolio manager Alex Umansky, highlighting his focus on companies with big ideas and his impressive performance over the last 10 years. 

In an Investor’s Business Daily article published April 25th, 2019, Baron Fifth Avenue Growth Fund Portfolio Manager Alex Umansky discussed his investment process, including his focus on companies with big ideas and sustainable growth. To read the full article, click here.

Citywire ranked Portfolio Manager Alex Umansky first out of 72 portfolio managers in the Global Multi-Cap Growth category. Read the full article.

In the February 2019 issue of Citywire Professional Buyer, Citywire ranked Baron Global Advantage Fund Portfolio Manager Alex Umansky first out of 72 portfolio managers in the Global Multi-Cap Growth category, noting that Umansky “boasts the category’s best personal information ratio over the past three years.” Review the artilce.

Baron is pleased to announce that Morningstar has added Baron Discovery Fund and Baron Global Advantage Fund to its “Prospects” list of up-and-coming or under-the-radar strategies that Morningstar Manager Research thinks might be worthy of full coverage someday. Currently, Baron Growth Fund, Baron Asset Fund, Baron Small Cap Fund, Baron Partners Fund, and Baron Emerging Markets Fund all have full coverage by Morningstar.

In a December 14 Barron’s article, Alex Umansky, portfolio manager of Baron Global Advantage Fund and Baron Fifth Avenue Growth Fund, discussed several emerging market stocks he likes heading into 2019. To read the full article. (Subscription required to access).

At the 2018 Baron Investment Conference, Ron Baron joined Ken Moelis, chairman and CEO of Moelis & Company, on CNBC’s “Squawk Box” to discuss Moelis’ investment strategy and the outlook for M&A activity. Watch the full interview on www.cnbc.com.

Portfolio holdings as a percentage of net assets as of September 30, 2018 for Moelis & Company are as follows: Baron Growth Fund (0.6%), Baron Small Cap Fund (0.9%).

In the September edition of "The Journal Report," The Wall Street Journal's monthly review of mutual funds and ETFs, Baron Fifth Avenue Growth Fund and Baron Opportunity Fund ranked among the top performing funds in their respective peer groups for year-to-date total return through August 31, according to Lipper.

Lipper Funds Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category.

Financial Advisor magazine sat down with Baron Fifth Avenue Growth Fund Portfolio Manager Alex Umansky to discuss his investment approach focused on a concentrated portfolio of scalable platform businesses, buying opportunities during market volatility, and risk management, among other topics. Read the article, “The Art of High Conviction Investing.”

Financial Planning highlighted Baron Fifth Avenue Growth Fund as one of the top 20 best performing mutual funds with at least $100 million in assets over the last three years. You can view the slideshow at www.financialplanning.com.

As of 8/31/2017, Morningstar calculates its category averages using its Fractional Weighting methodology. Morningstar rankings are based on total returns and do not include sales charges. Total returns do account for management, administrative, and 12b-1 fees and other costs automatically deducted from fund assets.

As of 12/31/2017, the Morningstar US Fund Large Growth Category consisted of 1,363, 1,109, 787 and 604 share classes for the 1-, 5-, 10-year and since inception (4/30/2004) periods. Morningstar ranked Baron Fifth Avenue Growth Fund in the 2nd, 24th, 44th and 53rd percentiles, respectively, in the category.

In "The Journal Report," The Wall Street Journal's quarterly review of mutual funds and ETFs, five Baron funds ranked among the top performing funds in their respective peer groups for one-year total return through February 28, 2018 according to Lipper.

Among the funds listed were Baron Real Estate Fund, Baron Partners Fund, Baron Fifth Avenue Growth Fund, Baron Opportunity Fund, and Baron Global Advantage Fund.

Note: Lipper Funds Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category.

In "The Journal Report," The Wall Street Journal's monthly review of mutual funds and ETFs, seven Baron funds ranked among the top performing funds in their respective peer groups for year-to-date total return through January 31, according to Lipper.

Among the funds listed were Baron Real Estate Fund (#1 in its category), Baron Real Estate Income Fund, Baron Partners Fund, Baron Asset Fund, Baron Fifth Avenue Growth Fund, Baron Opportunity Fund, and Baron Global Advantage Fund.

Note: Lipper Funds Category Average is not weighted and represents the straight average of annualized returns of each of the funds in the category.

Business Insider sat down with Baron Fifth Avenue Growth Fund Portfolio Manager Alex Umansky to discuss his unique, long-term investment approach and the Fund's strong year in 2017. Read the article, "Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market."

Learn about Baron's three new funds: Baron Real Estate Income Fund, Baron Durable Advantage Fund, and Baron WealthBuilder Fund.

Alex Umansky, portfolio manager of Baron Global Advantage Fund and Baron Fifth Avenue Growth Fund, discussed "Benjamin Button" companies in MarketWatch investing columnist Michael Brush's October 31, 2017 column. Alex describes these as "winner take most" companies because of the power that comes from aging in reverse. Read the column at www.marketwatch.com.

Barron’s lead item on its home page today features Baron Fifth Avenue Growth Fund and its portfolio manager Alex Umansky. The Q&A discusses the Fund’s long-term approach and a growing trend in digitization. “We buy the best, most competitively advantaged companies that we can, with a long-term view,” Umansky said. Read the article at www.barrons.com. (Subscription required to access).

Ron Baron discusses the market environment and why he’s optimistic about Tesla. Watch the clip on www.CNBC.com